Japan finance minister Suzuki trying to talk up the yen now - verbal intervention

• He is escalating the rhetoric but once again, its all just words.

Still a chance of a June rate cut - but from the European Central Bank

• Preview of the ECB April 2024 meeting - on hold expected

PBOC is expected to set the USD/CNY reference rate at 7.2622 – Reuters estimate

• The rate that is set by the Bank will be around 1300 points lower than this model estimate

Atlanta Federal Reserve says Sticky Price Consumer Price Index +5% yy in March (prior +4%)

• Atlanta Fed's Sticky Price Consumer Price Index (CPI)

Japan's Kanda says prepared to necessary steps on rapid yen fall

• Kanda with verbal intervention trying to slow the drop in the JPY

Responses to CPI saying its in components the Fed cannot control with rates are misguided

• Responses to CPI saying its in components the Fed cannot control with rates are missing the point

Wells Fargo expect only 2 Fed rate cuts this year, one each in Q3 and Q4

• Expect plenty more calls dialling down cut expectations

BlackRock’s head of global fixed income says Fed rate cuts probably late in 2024 or beyond

• Rick Rieder is BlackRock’s chief investment officer of global fixed income

USD/JPY pops up through 153.00. Hits its highest since July 1990.

• Find out how the USD/JPY broke through the 153.00 level due to US dollar strength and Japanese intervention concerns.

When FOMC minutes go stale even before they are published

• US core CPI rising higher than expected is influencing rate cut expectations

CIBC sees Bank of Canada on track for June cut and 100 bps of easing this year

• Bank of Canada still on track to cut rates

FOMC minutes: Almost all members agreed it would be appropriate to pivot dovishly in 2024

• Highlights from the FOMC minutes

Biden: Inflation news may delay rate cut but we will have a cut before year end

• Biden wading into the monetary policy waters

Richmond Fed Pres Barkin: He thinks we are making and lot of progress on inflation

• Richmond Fed Pres Barkin and Chicago Fed Pres. Goolsbee speaking on a panel

There is no text release from Richmond Fed Pres Barkin or Chicago Fed Pres. Goolsbee

• Both Fed officials are speaking at an event title " Reimagining full employment"

Macklem Q&A: Says June rate cut is within the realm of possibilties

• Comments from the BOC Governor

Watch live: Bank of Canada press conference

• Opening statement and questions

Bank of Canada forecast for GDP, CPI from the April 2024 meeting

The full text from the April 2024 Bank of Canada rate decision

• The Bank of Canada leaves the rate unchanged at 5.00%

Bank of Canada interest rate decision: Rates held at 5.00% as expected

• The market was pricing in an 18% chance of a Bank of Canada rate cut

What's priced in for the Federal Reserve after the March inflation surprise

• Fed rate cut pricing evaporates

No comments on monetary policy from the Fed's Bowman

• Bowman doesn't address monetary policy in a virtual discussion

ICYMI: US CPI data due Wednesday, the ranges of estimates (& why they're crucial to know)

• Posted during Asia time, getting a rerun ahead of this data release

Big Federal Reserve day coming up - CPI, then Bowman, Barkin, Goolsbee, & March minutes

• We'll get the CPI first responses from these Fed ossicials

NZD/USD trading higher after the RBNZ statement (TL;DR on rates is 'higher for longer')

• The Reserve Bank of New Zealand's sole focus is fighting inflation